Сorporate and personal tax

Why consider?

Taxes are a consequence of business, but sometimes they are a reason why business is not worth doing. Certain models and even the entire company’s business may not meet targets where a tax has not been accounted for in the company’s financial model. At the same time, at a set-up phase a sufficient expertise in tax may be lacking.

Our cross-functional team develops complex solutions at a cost of one full-time employee. We have a deep experience in the IT, construction, pharmaceutical and retail sectors.

Why consider?

Recently, there has been a steady trend towards an increase in the amount of additional tax assessments. These assessments may reach hundreds of millions. Consequently, in thinking of buying or selling a business, it is important for every party in the deal to identify and correctly assess the risks to be transferred, otherwise you risk to sell cheap of buy expensive.

Our team provides tax support services for purchase / sale of a business, as well as its preparation for valuation and further sale. Tax modeling services, calculation of the amount and probability of risk, preparation of opinions / documents to justify the reduction / increase in the level of risk.

Why consider?

Implementation of accounting systems is expensive: cost of license, integration and support services. But what is more expensive are inefficient processes. On the one hand it reduces efficiency of accounting systems, on the other creates unnecessary risks that accumulate over years.

An efficient implementation of accounting systems and procedures requires experience, a wide expertise in taxes and more importantly, time that may be limited: implementation takes time while day to day tasks continue to exist.

Our experts have experience in support of implementation of 1C:enterprise and other accounting systems, in development of accounting policies and tax function. We develop and implement the process taking into account experiences of other companies in the industry, we use best practices and save by not investing into inefficient solutions.

Why consider?

Governments offer various tax benefits to companies. At the same time the regulation is not always clear in describing the process to obtain them. Therefore, practical experience come to be a priority, and lack of sufficient experience may result in delays or sometimes even impossibility to obtain an incentive.

Our team of experts provides a complete service in tax benefits: from analysis of available measures and amounts of tax support to development of a set of documents and negotiation of terms with state authorities and defending in court.

Why consider?

In times of falling margins, reducing costs on administrative function is one of the most common solutions. Meanwhile achieving savings is not a trivial task, because the scope of work and required expertise has not changed.

The answer may be a non-trivial solution to outsource the tax function. Our team provides full support of the entire tax function: income tax, VAT, property tax, etc. As a part of this service you obtain a team of experts in different areas at a price of a single expert, we will check contracts, prepare source documents, directly participate in the work of your teams and give advices as needed – all you may need from a tax expert.

Why consider?

Hiring in-house experts is not always cost-effective, as it is common that an expertise of one subject matter experts is not sufficient (not because of a qualification, but because an issue covers several subject matters).

A solution may be an external expertise of a team that has experience in multiple areas of tax and law and is ready to support in a one window approach.

Why consider?

Inefficiency in the contract process, even in contracts for insignificant amounts, may lead to significant amounts of tax risks. Abscense of templates and standards leads to unreasonable time expenditures of a qualified personnel. Meanwhile, implementation of templates and structuring of processes in some cases can save up to 80% of an employee’s working time.

Beeing familiar with this, we offer a review the process of preparing primary documents, develop contractual policies, as well as templates. Experience shows that templates may significantly decrease the time spent by both tax / accounting team, as well as colleagues from procurement and other participants in the process.

Why consider?

In practice small company do not always have resources to keep track of all legislative changes and be in full compliance with the law. Meanwhile consequences of violations are significant and increase every year.

To avoid the risk of formal and informal sanctions, we offer an outsourcing of the tax reporting function. We will take care of all interaction with tax authorities, preparation of tax reports, incentives, tax planning and much more.

Why consider?

Where a tax team changes or a company grows exponentially, tax and accounting function may be not a priority. In an atmosphere of constant changes, tax function may fall out of the spotlight and decrease a tax efficiency in future.

To ensure that tax matters do not become a priority at some point, our team offers an external expertise in tax risk assessment, we perform an in-depth analysis to determine a tax health of your company and provide recommendation before these recommendations are provided by the tax authorities.

Why consider?

Widespread use of tools to analyze the level of tax risks prior to a formal audit has become a modern reality. In practice, such tools range from high-level reviews that look at dynamics of a tax burden and financial results, to a more sophisticated reviews that look at individual documents. In practice, a decision on additional analysis or a formal audit is based on how well a company knows its risks and how well it is prepared to defend.

Our team offers services of a risk assessment and preparation for interaction with tax authorities: we review documents, prepare “second opinion”, defense files, and check various sources of information for discrepancies.